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2023
Exports $11.3MWorld Rnk 40 / 195
Flag Rnk 607 / 1210
2023
Destination $641k Denmark
2022 - 2023
FASTEST GROWING MARKET $641kSouth Korea
2023
PRODUCT COMPLEXITY IN Knit Babies' Garments-1.57Rnk 954 / 1025
2023
Imports $57.4MWorld Rnk 25 / 216
Flag Rnk 417 / 1213
2023
Origin $472k Bangladesh
2022 - 2023
FASTEST GROWING ORIGIN $472kItaly
2023
ECONOMIC COMPLEXITY of Sweden1.53Rnk 9 / 132

About

Exports In 2023, Sweden exported $11.3M in Knit Babies' Garments, making it the 40th largest exporter of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 607th most exported product in Sweden. The main destination of Knit Babies' Garments exports from Sweden are: Denmark ($3.56M), Poland ($1.77M), Norway ($896k), South Korea ($800k), and Spain ($517k).

The fastest growing export markets for Knit Babies' Garments of Sweden between 2022 and 2023 were South Korea ($641k), Norway ($387k), and Estonia ($275k).

Imports In 2023, Sweden imported $57.4M in Knit Babies' Garments, becoming the 25th largest importer of Knit Babies' Garments in the world. At the same year, Knit Babies' Garments was the 417th most imported product in Sweden. Sweden imports Knit Babies' Garments primarily from: Bangladesh ($22.3M), China ($6.39M), Denmark ($4.81M), India ($3.95M), and Turkey ($3.73M).

The fastest growing import markets in Knit Babies' Garments for Sweden between 2022 and 2023 were Italy ($472k), Singapore ($184k), and Sri Lanka ($127k).

Latest Trends

November 2024

About

Overview In November 2024 Sweden's Knit Babies' Garments exports accounted up to SEK27.9M and imports accounted up to SEK53.5M, resulting in a negative trade balance of SEK25.6M. Between November 2023 and November 2024 the exports of Sweden's   Knit Babies' Garments have increased by SEK3.99M (16.7%) from SEK23.9M to SEK27.9M, while imports increased by SEK7.44M (16.2%) from SEK46.1M to SEK53.5M.

Destinations In November 2024, Knit Babies' Garments were exported mostly to Norway (SEK9.11M), Finland (SEK4.35M), Poland (SEK2.81M), Czechia (SEK1.83M), and Germany (SEK1.74M), and were imported mostly from Bangladesh (SEK20.6M), Denmark (SEK5.24M), Germany (SEK4.5M), China (SEK3.68M), and Poland (SEK3.49M).

Growth In November 2024, the increase in Knit Babies' Garments's year-by-year exports was explained primarily by an increase in exports to Finland (SEK1.74M or 39.4%), Denmark (SEK1.28M or 23.1%), and Norway (SEK1.04M or 18.9%). In November 2024, the increase in Knit Babies' Garments's year-by-year imports was explained primarily by an increase in imports from Germany (SEK1.55M or 101%), India (SEK1.37M or 49.9%), and Slovakia (SEK836k or 83.6k%).

Subnational Monthly Trade

Time Scale
Flow
Color
EXPORT GROWTH (November 2023 - November 2024)SEK3.99M(16.7%)
IMPORT GROWTH (November 2023 - November 2024)SEK7.44M(16.2%)
MAIN EXPORTER (November 2024)
MAIN DESTINATION (November 2024)NorwaySEK9.11M

This section shows Knit Babies' Garments's exports and imports data at subnational level for Sweden. Click any date in the line plot, any subnational region in the geomap, or any destination or origin country to explore the exports or imports behavior of Knit Babies' Garments over time.

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Historical Data

Trade Balance

Color
EXPORTS (2023)$11.3M
IMPORTS (2023)$57.4M
NET TRADE (2023)-$46.1M

In 2023, Sweden exported $11.3M in Knit Babies' Garments. The main destinations of Sweden exports on Knit Babies' Garments were Denmark ($3.56M), Poland ($1.77M), Norway ($896k), South Korea ($800k), and Spain ($517k).

In 2023, Sweden imported $57.4M in Knit Babies' Garments, mainly from Bangladesh ($22.3M), China ($6.39M), Denmark ($4.81M), India ($3.95M), and Turkey ($3.73M).

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Export Destinations (2023)

Import Origins (2023)

Market Growth

Flow
THE FASTEST GROWING Knit Babies' Garments EXPORT MARKETS FOR Sweden WERE (2022 - 2023):
South Korea$641k (401%)
Norway$387k (76%)
Estonia$275k (190%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Knit Babies' Garments BY Sweden WERE (2022 - 2023):
Denmark-$3.84M (-51.9%)
Spain-$952k (-64.8%)
Poland-$498k (-22%)
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Change in Exports by Market (2022 - 2023)

Market Concentration

View
Flow
Type
In 2023, Sweden's main exporting competitors in Knit Babies' Garments were:
China $1.81B
Bangladesh $1.04B
India $943M
In 2023, Sweden's main importing competitors in Knit Babies' Garments were:
United States $1.54B
Germany $557M
France $465M

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Trade Value of Knit Babies' Garments by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALGermany+ $1.25M
TOP IMPORT POTENTIALChina+ $4.59M

Knit Babies' Garments’s highest export potential is Germany. With an export gap of $1.25M.   Knit Babies' Garments’s highest import potential is China with an import gap of $4.59M.

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